Question
Hello Tutor - Thank you for taking the time to look over my question I appreciate it , Part of the assignment that I am
Hello Tutor - Thank you for taking the time to look over my question I appreciate it , Part of the assignment that I am working on is to study the difference between primary data source and a secondary data source I would like to ask you in your knowledge of knowing microeconomics' what would this be Primary data source? or Secondary data source? and why Thank you tutor for the help god bless you ! to stay safe and well its below
my chosen macroeconomic data type:Food Price Index (Lagging indicator)
Measurable definition:Rise and fall of import/export index
prices of food due to covid-19
Current numerical value (and date):Avg of +1.96% increase index price (of select food categories) of exported food in the category; Avg of +2.1% increase index price (of selected food categories) of imported food; June 2020
Recent trend:Stabilizing as reopening occurs, see Table(s)
Article title:The Impact of COVID-19 on food price indexes and data collection
Author name:Dave Mead, Karen Ransom, Stephen B. Reed, and Scott Sager,
Publication source:U.S Bureau of Labor Statistics
Article date:August 2020
URL:https://www.bls.gov/opub/mlr/2020/article/the-impact-of-the-covid-19-pandemic-on-food-price-indexes-and-data-collection.htm
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started